Answer:
Prepare the year-end closing entries.
Explanation:
d Sales revenue 841310
d Interest revenue 14260
c Cost of goods 531407
c administrative expense 181980
c Income tax expense 37617
c Retaining earnings 104566
Retaining earnings 18198
Dividens payable 18198
Answer:Indirect Expenses
Explanation: Indirect Expenses are those expenses which are not directly related to the product manufactured or service rendered by a company but are generally incurred in the operating and running of a business and cannot be traced to a particular department because the benefits are enjoyed collectively-The reason why its expenses are usually shared among departments or sectors.
Examples of indirect expenses include Rent, salaries to employees, legal charges, insurance of building, depreciation, printing charges, office expenses, telephone bills, advertising, marketing, stationery etc.
Solution:
Calculate mean of the sample data as shown below :
x (bar) = 
= 60.5
Calculate the upper and lower control limits as below :
UCL = x (bar) + z
= 60.5 + 3 
= 60.5 + 3 ( 7.778 )
= 83.834
LCL = x (bar) - z
= 60.5 - 3 ( 7.778 )
= -37.166
Answer:
C. skimming
Explanation:
Based on the information provided it is safe to say that by setting the price at $12,700 Xerox used a skimming pricing strategy. This is a pricing strategy in which the firm/company places their new product in the market with the highest price they can give it and go slowly lowering the price as time goes on. This is mostly done with brand new, one of a kind products that do not have competition, like the portable fax machine that Xerox designed.
A prospective buyer observed an elaborate flag pole that was affixed to the front porch of the house she wished to acquire. She wants to make sure the flag pole is part of the deal. In the purchase proposal, the agent must mention the pole.
After being hired by a company's owner to handle the sale of the business, investment bankers, mergers and acquisitions advisors, or business brokers construct a list of potential buyers known as a prospective buyer list.
Any prospective buyer that might be a match for the acquisition of a business that is being advertised in a sell-side transaction is generally referred to as a prospective buyer. In the area of mergers and acquisitions, a potential buyer is one of the purchasers who is added to a prospective buyer list.
For a given seller, there may be a large number of qualified potential purchasers. In order to secure the best price for the seller, the selling agent's role is to encourage healthy competition among those prospective buyers.
Learn more about prospective buyer here
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